Citi sees case for Fed to lower rates by 50 bps in July

June 22, 2019 admin Business News Comments Off on Citi sees case for Fed to lower rates by 50 bps in July

Citi economists said on Friday if the Federal Reserve decides to lower U.S. interest rates next month, it would do so with a bold 50 basis-points cut, together with an earlier end of its balance sheet reduction.

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Source:: Reuters – Business News